IDC indochine mining limited

2m -2.5m oz gold so undervalued

  1. 1,913 Posts.
    Been watching for a while,looks very undervalued if the jorc comes in around 2-2.5m oz.

    AMX 3moz,grade1.5g/t, Mcap$395m ,Cash$27m ,SP$1.93 ,sh 210m

    GRY 2M ______2.1g/t_____$500m ____$41m ___$1.50 ___ 350m

    ABU 1.7M______1g/t______$192m____$13m_____7.4c __ 2600m

    AZM 1.2M______2g/t_______$130m____$13m____43c ___ 300m

    IDC 2.5M______2.1g/t_____$83m_____$16m____17c _____490m

    could easily accommodate a Mcap > $160m and Share price north of 40 cents IMO
    A jump like pvm is on the cards
 
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